L&G eyes South America push

Legal & General offices.
©Newscast

Sharp fall in domestic annuity sales prompts change in strategy

Indian banks: paper chase

With a lot of supply coming, there is no rush to buy

Partnership turns to majority shareholder

Profits dented by overhaul of annuity market

Lloyd’s insurers fail to allay fears

Groups face ‘challenging’ times, say analysts

RSA cautions on pension liabilities

Chief says schemes could swallow up proceeds from break-up

David Nish, CEO of Standard Life, in his office, Lothian Rd, Edinburgh
©Alistair Linford

Standard Life criticised over bonuses

Former mutual insurer changes way performance payments calculated

Warning over ‘default annuitisation’

Annuity sales are falling, but savers continue to buy direct from providers

Annuities are part of solution

Mis-selling and low bond yields have skewed investors’ perceptions

What can StanChart expect from Bill?

A pundit introduces the well-networked former JPMorgan banker

Allianz warns of challenging year ahead

Record revenues at German insurer despite Pimco outflows

AIA: clarity and opacity

The insurer is clear on the positives, but needs to give more detail elsewhere

Worries over RSA rekindled

Concerns about balance sheet overshadow plans for additional cost cuts at UK non-life insurer

Axa chief takes aim at regulators

Warning over backing for €315bn European investment scheme

Just Retirement not ‘dead’, says chief

Annuity provider survives UK pensions overhaul

FCA fines Aviva Investors £18m

Regulator says traders manipulated deals to boost their fees

Powerful government/industry rotation

Revolving door between public and private sector called into question

Sir Howard apt choice to take up RBS post

Experts say lack of open political bias apt for overseeing bank

John Tiner in running to chair Towergate

Broker turns to City heavyweights to cope with cash crisis

Quindell reassures over unit sales talks

Negotiations about professional services division extended

The consequences of irresponsible banking

Senior bankers will be accountable for their decisions, writes Andrew Bailey

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